Global Building Finishing Contractors Market Comprehensive Study: Forecasted Market Size And Growth Rate| Fletcher Building Ltd., NCI Building Systems Inc, Interserve Plc, APi Group Inc, Performance Contracting Group Inc, Cleveland Construction Inc, Irex

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033

The Business Research Company offers in-depth market insights through Building Finishing Contractors Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
The building finishing contractors market size has grown strongly in recent years. It will grow from $1394.81 billion in 2023 to $1487.57 billion in 2024 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to construction industry growth, real estate development, urbanization and infrastructure projects, building renovations, architectural and design trends.

The building finishing contractors market size is expected to see strong growth in the next few years. It will grow to $1971.51 billion in 2028 at a compound annual growth rate (CAGR) of 7.3%. The growth in the forecast period can be attributed to sustainability and green building, smart building integration, health and safety standards, infrastructure resilience, population growth and housing. Major trends in the forecast period include sustainable finishing materials, smart home integration, biophilic design, modular and prefabricated finishing, adaptive reuse.

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Market Segmentation:
The main types of building finishing contractors are drywall and insulation contractors; painting and wall-covering contractors; flooring contractors; tile and terrazzo contractors; finish carpentry contractors; and other building finishing contractors. Drywall and insulation contractors specialize in drywall, plaster, and building insulation. The building finishing services are provided by large chain companies and independent contractors and are available in various modes, such as online and offline. The building finishing contractors are involved in various applications, such as residential construction, non-residential building construction, utility system construction, and others.

Major Driver - Rising Global Aging Population Drives Demand For Building Finishing Contractors Market
The population profile of most countries is becoming older, which is increasing the demand for elderly-friendly infrastructure. For instance, according to World Health Organization (WHO), an specialized government agency, between 2020 to 2050, the number of people with 80 years of age or older is expected to triple and reach to 426 million and by 2050, the number of people aged 60 and over will double to reach 2.1 billion. Houses and the wider surroundings had to be adapted to be made safer and more inclusive. Local shops and town centers had to be made more accessible and had to be made accessible to the elderly. Public transport facilities also had to be revised based on the increased demand from the elderly. This will result in increased demand for building finishing contractors' activity during the forecast period.

Competitive Landscape:
Major companies operating in the building finishing contractors market include Fletcher Building Ltd., NCI Building Systems Inc, Interserve Plc, APi Group Inc, Performance Contracting Group Inc, Cleveland Construction Inc, Irex Corp of Lancaster, Sherwin-Williams Company, Pittsburgh Plate Glass Industries, Inc, RPM International Inc., The Valspar Corporation, Benjamin Moore & Co., Behr Process Corporation, Rust-Oleum Corporation, Akzo Nobel N.V., Axalta Coating Systems Ltd., Badische Anilin und Soda-Fabrik SE, The Dow Chemical Company, DuPont de Nemours, Inc., Eastman Chemical Company, 3M Company, Avery Dennison Corporation, Bostik SA, Data Acquisition and Processing Products Inc., Franklin International Inc., H.B. Fuller Company, Henkel AG & Co. KGaA, Illinois Tool Works Inc., ITW Performance Polymers & Fluids, Kansai Paint Co. Ltd., Nippon Paint Holdings Co. Ltd., Pidilite Industries Ltd., Sika AG, United States Gypsum Corporation, Armstrong World Industries Inc., CertainTeed Corporation, Georgia-Pacific LLC.

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Top Trend - Predictive Analytics Boosting Building Finishing Contractors Market Growth
Predictive analytics is playing a prominent role in the building finishing contractors' market to simplify risk management, manage financials and resources, and allocate budgets. Predictive analytics refers to a technique used to process large data sets and infer actionable information and behavioral patterns. The software analyses data collected from subcontractors, materials suppliers, and design plans to examine and control risk factors. Predictive analytics helps the project manager to predict and avoid delays in manpower availability and equipment shortages; collects weather data; and predicts the conditions for the company to take preventive actions against weather changes to avoid loss of material and labor costs. Some of the software tools used by building finishing contractors include GanttPRO, Acculynx, Jonas Premier, CoConstruct, Buildertrend, Knowify, Procore, PlanGrid, ProCOntractor, and BIM 360.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Building Finishing Contractors Market Characteristics
3. Building Finishing Contractors Market Trends And Strategies
4. Building Finishing Contractors Market - Macro Economic Scenario
5. Building Finishing Contractors Market Size And Growth
…..
27. Building Finishing Contractors Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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